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Redevelopment Projects
Redevelopment Law requires the Agency to approve a Five-Year Implementation Plan describing the projects and activities the Agency intends to undertake in each five-year period. The current Five-Year Plan covers the period 2010 through 2014. A copy of the Agency's Five-Year Implementation Plan is available at the Public Library for viewing or available for purchase at City Hall.
Coronado Unified School District Facilities
Through an Agreement for Cooperation, theChild Development Associate (CDA) funds specific capital improvement projects at Coronado school sites in accordance with the Community Development Plan. For more information about planned construction projects, please view the Coronado Unified School District website or call 619-522-8900.
City of Coronado Public Facilities
In accordance with the Community Development Plan, the CDA also funds certain capital improvement projects for the City. The current list of projects is reported in the Capital Improvement Program for Fiscal year 2016 to Fiscal 2020 (PDF).
Sharp Coronado Hospital Land Purchase Agreement
The Agency entered into a purchase agreement with the Coronado Hospital Foundation to acquire 1/15 of the hospital annually for 15 years via annual payments. The hospital provides an important service and source of employment for the community.
This project will preserve and improve health care facilities that serve Coronado residents, businesses, and visitors.
Village Theater
The Village Theater is a landmark in Coronado. It originally opened in March of 1947 and operated as Coronado's only movie house until it was closed in 2000. In 2008, the Agency entered into a Participation Agreement with an operator for the renovation and operation of the Village Theater as a first-run movie theater through at least 2026. The operator will be responsible for the renovation of the theater with a grant from the Agency.
Completion of this project will restore vitality, encourage participation from business owners to revitalize the area, and promote economic development by providing an attractive, well-serviced environment.